Energy Transfer LP
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $34.33B | $27.77B | $25.32B | $19.95B | $19.24B | $21.02B | $19.54B | $20.77B |
| Cost of Revenue | $26.94B | $21.15B | $19.42B | $14.56B | $13.95B | $15.57B | $14.16B | $15.61B |
| Gross Profit | $7.40B | $6.62B | $5.90B | $5.39B | $5.30B | $5.45B | $5.38B | $5.16B |
| Gross Margin | 21.5% | 23.8% | 23.3% | 27.0% | 27.5% | 25.9% | 27.6% | 24.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $421.0M | $361.0M | $367.0M | $268.0M | $257.0M | $288.0M | $288.0M | $297.0M |
| Operating Income | $3.57B | $2.98B | $2.08B | $2.15B | $2.31B | $2.49B | $2.28B | $2.18B |
| Operating Margin | 10.4% | 10.7% | 8.2% | 10.8% | 12.0% | 11.9% | 11.7% | 10.5% |
| Interest Expense | $934.0M | $947.0M | $910.0M | $890.0M | $865.0M | $809.0M | $807.0M | $828.0M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $194.0M | $135.0M | $143.0M | $87.0M | $79.0M | $41.0M | $136.0M | $89.0M |
| Net Income | $2.09B | $1.25B | $928.0M | $1.02B | $1.16B | $1.32B | $1.08B | $1.18B |
| Net Margin | 6.1% | 4.5% | 3.7% | 5.1% | 6.0% | 6.3% | 5.5% | 5.7% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |